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1015 N Lebanon Street
Lebanon, IN 46052

$750,000 - Status: Active
MLS# 202638543

Welcome to 1015 N Lebanon St, a unique property in the heart of Lebanon, Indiana. For the past 26 years, this property has served as a group home for young women. Prior to that, it served as an assisted living facility. The original dwelling was built in 1920, and features over 4400 square feet of space. In 1965, the building was added onto, adding an additional 8300 square feet, bringing the total to over 12,700 feet. The property features 18 spacious bedrooms, all with full attached bathrooms. It also houses a commercial kitchen, complete with a gas range, vented hood, numerous sinks, and a nice-sized pantry. It also boasts a large dining room, several living/common areas, office space, a laundry room with hookups for 3 washers and 3 dryers, and several rec rooms that could be used for a variety of purposes. The original home rests on a full unfinished basement with the addition on a slab. The buildings sit on a 0.63 acre lot and 18 on site parking spaces are included. Prospective buyers will appreciate several updates like newer furnaces and ac units as well as a brand new roof that was installed in 2025. The property is zoned R6, which allows for numerous uses. Please see the attached matrix provided by the City of Lebanon for potential uses. Don't miss out on the opportunity to own this one of a kind property in an incredible Central Indiana location.

Property Features

MLS#: 202638543
Zip: 46052
Subdivision:
Development: Center
Property Type: Commercial - Business
Basement: Yes
Cooling: Central Air, Multiple Cooling Units
Days on Site: 3
Heating: Electric, Gas, Forced Air
Lot Size: 0.63 acres
Roof Type: Shingle
Year Built: 1920

Feature Descriptions

Basement/ Foundation: Full Basement, Unfinished
Exterior: Metal, Wood
Lot Dimensions: .63 A
Sale Inclusions: Building
Sewer: City, Public
Water: City, Public

1015 N Lebanon Street | MLS# 202638543

This commercial property located at 1015 N Lebanon Street, Lebanon, IN 46052 is currently listed for sale with an asking price of $750,000. Search Lebanon real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: Raeco Realty
Agent Name: Grant Thompson
Agency Phone: 765-838-2785

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

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IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS

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